Business
Looking for recent business news? Here you'll find all of the breaking and daily business news articles.
Local gas prices fall as summer driving season continues
MOSES LAKE — Drivers in Grant and Adams counties are seeing some relief at the pump after months of steadily risin…
New Huawei phone comes at crucial time for Chinese company
LONDON (AP) — Huawei’s new smartphone has an upgraded camera, its latest advanced chipset and a better battery. What it may not have outside the Chinese tech giant’s home market is very many buyers.
The Latest: NATO, EU health workers to help Czech Republic
PRAGUE — The Czech government has approved a plan for up to 300 military health personnel from NATO and EU countries to come to the Czech Republic to help treat the influx of coronavirus patients.
Wall Street opens slightly higher, driven by solid earnings
NEW YORK (AP) — Stocks are opening modestly higher on Wall Street as investors found some things to like in the latest batch of company earnings reports. The S&P 500 was up 0.2% in the early going Thursday. The ben…
UK boosts business aid amid pressure to ease virus impact
LONDON (AP) — U.K. Treasury chief Rishi Sunak is increasing subsidies for bars, pubs and restaurants hammered by strict new measures to slow the spread of COVID-19, amid criticism that the government has failed to …
US jobless claims drop to 787,000, but layoffs remain high
WASHINGTON (AP) — The number of laid-off Americans seeking unemployment benefits fell last week to 787,000, a sign that job losses may have eased slightly but are still running at historically high levels.
Union Pacific 3Q profit drops 12% but volume surges
OMAHA, Neb. (AP) — Union Pacific's third-quarter profit declined 12%, but the volume of shipments it handled surged as the economy rebounded from the worst of the virus-related shutdowns earlier this year.
US jobless claims drop to 787,000, though layoffs remain high 7 months after virus struck economy
WASHINGTON (AP) — US jobless claims drop to 787,000, though layoffs remain high 7 months after virus struck economy.
US NATO allies still short on defense spending aims
BRUSSELS (AP) — U.S. allies in Europe and Canada have increased defense spending for a sixth consecutive year but most of them will still fail to achieve a NATO spending ambition by the target date of 2024, accordi…
American, Southwest add to parade of airline losses in 3Q
DALLAS (AP) — Airlines are piling up billions of dollars in losses as the pandemic causes a massive drop in air travel.
American, Southwest join rivals in reporting big 3Q losses
DALLAS (AP) — Airlines are continuing to pile up billions of dollars in losses as the pandemic causes a massive drop in air travel.
Coca-Cola recovery continues as it grows leaner in pandemic
Coca-Cola measured gradual improvement in the third quarter as it focused on emerging leaner from the global pandemic.
Turkey central bank keeps rate on hold despite currency drop
ISTANBUL (AP) — Turkey’s Central Bank kept its key interest rate on hold at 10.25% on Thursday, despite market expectations for an increase that would help support the currency.
German disease control center urges vigilance as virus rises
BERLIN (AP) — The head of Germany's disease control center urged people Thursday to be vigilant about following coronavirus precautions as the country posted a record number of new cases, saying a rapid increase in…
US jobless claims likely remain high as layoffs persist
WASHINGTON (AP) — The government will provide its latest picture Thursday of the pace of job cuts in the United States, which remain elevated with the viral pandemic still impeding the economy seven months after it…
British Airways parent company slashes passenger forecast
LONDON (AP) — The parent company of British Airways has cut its fourth-quarter passenger forecast to just 30% of last year’s level as government restrictions imposed to control a new wave of coronavirus infections …